BUSINESS
Daimler Truck Faces Headwinds in Q3: Sales Slump Amidst Challenges in Asia and Mercedes-Benz
Daimler Truck, the world’s largest commercial vehicle manufacturer, reported a significant decline in sales during the third quarter of 2024. The company’s deliveries fell by 11% compared to last year’s period, primarily due to sluggish demand in Asia and underperformance from its flagship Mercedes-Benz Trucks brand. The Asia-Pacific region,
MoreAs the strike against Boeing continues into its second week, the company and the International
Starboard Value LP, a prominent activist hedge fund, has recently acquired a substantial stake in
MARKETS
Rio Tinto, a global mining giant, is reportedly discussing acquiring lithium miner Arcadium. This potential deal would mark a significant step for Rio Tinto as it seeks to expand its presence in the burgeoning electric vehicle (EV) market. Lithium is critical in lithium-ion batteries, which power EVs and other energy
MoreChinese courier firm BingEx, which provides express delivery services in China, has filed for an
Oil prices have been volatile in recent weeks, driven by a complex interplay of geopolitical
TECH
In a strategic move that could reshape the global semiconductor landscape, Taiwan-based electronics giant Foxconn has announced its plans to construct a state-of-the-art manufacturing facility in Mexico to produce Nvidia’s advanced AI superchips. This strategic partnership between the two tech titans aims to address the increasing demand for high-performance computing
MoreGoogle is reportedly testing a new feature that could significantly impact users’ interactions with search
Taiwan’s Foxconn, the world’s largest contract electronics manufacturer, has reported record-breaking third-quarter revenue, surpassing market
SCIENCE
A powerful geomagnetic storm is poised to strike Earth, a direct result of a massive solar eruption on October 1, 2024. The Sun unleashed a potent X7.1-class solar flare, the most intense type of solar radiation. This explosive event triggered a Coronal Mass Ejection (CME), a colossal cloud of superheated
MoreOn Wednesday, October 2nd, 2024, skywatchers across the globe, particularly in Chile and Argentina, were
The Great Barrier Reef, a vibrant underwater world teeming with diverse marine life, has faced
ENTREPRENEUR
Todd Graves, the visionary founder and CEO of Raising Cane’s Chicken Fingers, has built a culinary empire and dedicated himself to environmental conservation, mainly marine life preservation. His recent $500,000 donation to the Coastal Conservation Association (CCA) Louisiana is a testament to his commitment to safeguarding the state’s natural resources.
MoreDave Gilboa, a former Wharton business school student, founded Warby Parker in 2010 with his
Timo Armoo, the founder of the successful social media marketing firm FanBytes, has a story